#67 What late stage investors got wrong about investing in Startups? (Insight)

Confusion in the venture scene, especially with late-stage investments.

Some firms raising funds for secondaries in startups, but a twist for LP investors: a cautious approach is needed.

Skepticism about firms claiming expertise in both early and late-stage investments.

Discussion on the industry mix-up and the need to reconsider how we negotiate prices.

Emphasizing the importance of aligning return expectations with industry dynamics.

Concerns about the pricing game not adding up in the long run, even with solid companies.

Exploration of the industry's potential need for a rethink to optimize returns.

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